Innovating to create an ecosystem

Innovating to create an ecosystem

At the recent Back End of Innovation conference, Ron Adner, author of The Wide Lens, gave real insight into one of the holy grails of innovation: how can you be successful when you need to create a new ecosystem? The almost tired example of the iPod illustrates what...
How to make innovation soar: The bird model

How to make innovation soar: The bird model

Maximize the Rate of Learning The traditional models of innovation, based on planning and making reasonable assumptions, don’t work. To make innovation work requires a radical rethink based on the reality of efforts that don’t go according to plan and that can achieve...
How to make innovation soar

How to make innovation soar

The traditional models of innovation, based on planning and making reasonable assumptions, don’t work. To make innovation work requires a radical rethink based on the reality of efforts that don’t go according to plan and that can achieve unreasonable levels of...
Head and Heart of Decision-making

Head and Heart of Decision-making

In a remarkable paper in 1980, titled “An Assessment of Decision Analysis,” Stanford’s Professor Ronald Howard wondered if Buddha was the “First Decision Analyst” and wrote the following: There are those who believe that there is something “cold and inhuman” about...
You Can’t Forecast Accurately…But

You Can’t Forecast Accurately…But

I lifted the following story from Grant Williams’s article from (John Mauldin’s “Outside the Box”) newsletter: During World War II, [Nobel laureate, Ken] Arrow was assigned to a team of statisticians to produce long-range weather forecasts. After a time, Arrow and his...